HI GUYS, JUST A QUICK UPDATE ON THE NZDUSD 4H CHART. AS WE CAN SEE THE PAIR IS CONSOLIDATING WITHIN THE SUPPORT AND THE RESISTANCE MARKED UP: SUPPORT - AROUND 0.71213 RESISTANCE - AROUND 0.73087 I WILL BE WATCHING THIS CAREFULLY TO SEE WHERE THE PRICE PUSHES TO AND I WILL UPDATE THIS AS WE MOVE. - POTENTIAL FOR A DROP TO SUPPORT AND AWAIT A BOUNCE OR...
HI GUYS, HOPE EVERYONE IS WELL. PLEASE SEE ATTACHED MY CHART ANALYSIS ON NZDCAD. POTENTITAL SHORT ENTRY, REASONS BELOW: - RSI IS REACHING OVERSOLD CONDITIONS OVER 70 - 1D & 4H CHARTS ARE SHOWING A DOWNTREND IN THE MARKET - PIVOT CANDLE CURRENTLY BEING FORMED IN THE FORM OF A SHOOTING STAR SHOWING SIGNS OF POTENITAL REVERSAL TP - .86657 SL - .87538 GOOD...
HI THERE GUYS, PLEASE SEE ATTACHED MY CHART ANALYSIS FOR EUR/CHF WHICH I HAVE ADDED TO MY WATCH LIST TO KEEP A CLOSE EYE ON OVER THE NEXT FEW DAYS. AS SEEN ON THE CHART WE HAVE HAD 3 TOUCHES ON THE TREND LINE WHICH DATES BACK TO LATE APRIL AND WE ALSO HAVE 3 TOUCHES ACROSS THE BOTTOM SHOWING SUPPORT AROUND THE 1.09310. WE HAVE A FEW PLAYS WITH THIS: - WE COULD...
HI GUYS, I HAVE ATTACHED SOME BASIC ANAYLSIS OF XAU USD WHICH I HAVE ADDED TO MY WATCHLIST WHICH I WILL BE MONITORING. YOU CAN SEE WE HAD A DOUBLE BOTTOM WHICH HAS CAUSED A PUSH TO THE UP SIDE TOWARDS A RESISTANCE LEVEL GOING BACK TO SEPTEMBER. KEEP AN EYE OVER THE NEXT FEW DAILY CANDLES FOR A PUSH UP TOWARDS THE RESISTANCE LEVEL FOR A POTENTIAL BOUNCE OR...